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The University of Pittsburgh endowment has ballooned over the last decade while tuition costs have crept up. Some experts say Pitt should spend more on financial aid.

Also, PublicSource higher education reporter Emma Folts explains how endowments work, and how they're spent at Pitt and CMU.

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Pitt has a $5.5 billion endowment. Should the university spend more to lower college costs?

Pitt hasn’t been tapping into its multibillion-dollar endowment at the same rate as other affluent universities. It’s choosing not to spend millions annually that some experts say could support the university and its students as college costs rise.

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NOT TO MISS

Breaking down the billions: Understanding university endowments at Pitt and CMU

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Pittsburgh Arts & Lectures welcomes Hernan Diaz, Pulitzer Prize-winning author of “Trust,” to Ten Evenings on April 8 at the Carnegie Music Hall. Upcoming lectures include Ed Yong and the season closer, Jesmyn Ward. Purchase tickets at pittsburghlectures.org.

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